Chase Freedom Flex 5x Earning On Paypal And Walmart

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The Chase Freedom FlexSM is brand new and earns 5% cash back on up to $1500 in eligible combined purchases in rotating categories, 5% on travel purchased through Chase, 3% on dining at restaurants and drugstores, and 1% on all other purchases.

There’s an initial offer to earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening. And earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.

For the fourth quarter – October 1, 2020 through December 31, 2020 – Chase Freedom FlexSM and the legacy Freedom card earn 5x at Walmart and Paypal.

Walmart was a go-to for me during the worst shortages of the pandemic, I found their supply chain always had cleaning supplies and paper products at least here in Texas. Meanwhile you can pay will Paypal across the internet making this category broadly applicable.

You can earn 5x on up to $1500 in spend during the quarter, which is 7500 points or 6000 more than you’d otherwise earn with the card. Do this each quarter and you’re picking up 24,000 extra points per year.

Registration for this quarter’s 5x categories is required by December 14, 2020.

While Chase Freedom FlexSM points do not transfer directly to airline or hotel programs, you can combine them into a Sapphire Preferred or Sapphire Reserve account, and from there to participating airline or hotel loyalty programs. I love earning 5 points per dollar spent in several categories that I’m able to move to United, Singapore, or Hyatt along with other Chase partners.

This card pairs nicely with a Chase Sapphire Reserve® or Chase Sapphire Preferred® Card because you can take 5 points per dollar earning on eligible spend, move those points over to the Sapphire Reserve or Preferred account, and the points become more valuable because they transfer to airline miles or hotel points (or you can use them towards the Sapphire Reserve/Preferred’s ‘Pay Yourself Back’ feature for statement credits against eligible spend). Of course Chase’s 5/24 applies, you can only get approved if you’ve had fewer than 5 new cards in the last 24 months.

I intend to convert my own Freedom card to a Chase Freedom FlexSM.

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Editorial note: any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Comments made in response to this post are not provided or commissioned nor have they been reviewed, approved, or otherwise endorsed by any bank. It is not the responsibility of advertisers Citibank, Chase, American Express, Barclays, Capital One or any other advertiser to ensure that questions are answered, either. Terms and limitations apply to all offers.


  1. Wish they had included Target as well as Walmart in the 5x category. I have four Targets that are closer to my home than the nearest Walmart.

  2. When you use PayPal does the underlying type or merchant flow through? For example, if chase was paying a bonus at McDonald’s would you get 5x using PayPal and the rebate?

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